Poll: You are the CEO.

amdhunter

Lifer
May 19, 2003
23,332
249
106
Scenario:

You make $300k year, you are comfortable. Your job is not in danger for as long as you can work.

You have your yearly bonus of $500k coming up. You can either choose to take the bonus, or you can lay off an equivalent amount of workers, none of whom make more than $35k yearly.

The company can do well, with or without these workers.

What does the average ATOT'er do?

Me, I say screw them...show me the money.
 

vshah

Lifer
Sep 20, 2003
19,003
24
81
i make 300k, doesn't mean i'm going to be living outside my means. assuming i've been working for a few years and have $ saved up, and can cut my expenses, i'd give up my bonus to keep workers. depends though, it might make business sense to cut some workforce depending on the situation, but ideally i wouldn't like to lay off anyone.
 

ggnl

Diamond Member
Jul 2, 2004
5,095
1
0
Originally posted by: Jeeebus
hookers and blow don't pay for themselves.

Hell yeah, someone's got to stick up for the whores and dealers!
 

MotF Bane

No Lifer
Dec 22, 2006
60,801
10
0
Give up the bonus because I'd feel bad about it. $500k isn't unreasonable if your company is doing well, but in this economy and with the layoffs, not right to keep it.
 

Kelemvor

Lifer
May 23, 2002
16,928
8
81
Originally posted by: venkman
$500K bonus is a hell of a lot for someone making $300K.

Yeah exactly. Bonus is more than the base salary? That's messed up.
 

an51r

Senior member
Feb 5, 2008
220
0
0
Money is very very very important, people are disposable, I am amazed this is even a question. What if we agree to fire twice as many people can we really maximize this bonus.
 

AstroManLuca

Lifer
Jun 24, 2004
15,628
5
81
If I were that guy I wouldn't jump at the chance to cancel my bonus and give everyone a raise, but if it meant laying people off instead of just giving them a little extra money I'd give it up.

Doing so does four good things (some don't help me that much, others do):

1. Worker morale is higher
2. Assuming the company doesn't technically need the extra people, the extras could be applied toward some other project that could grow the company and lead to higher profits in the future
3. Helps stimulate the economy
4. It's the right thing to do
 

Farang

Lifer
Jul 7, 2003
10,913
3
0
If the company can do well without them, it depends how well. Business isn't a charity so if they aren't helping me any, show me the money.
 

spidey07

No Lifer
Aug 4, 2000
65,469
5
76
Hell yes I'd take the money. I work to make money. The bonus would be a one time thing where as laying off the workers saves operational expense every single year adding company and shareholder value as well as improving profits.

No brainer. Cutting costs even further would probably mean a BIGGER bonus for me, so win/win.
 

K1052

Elite Member
Aug 21, 2003
53,912
48,711
136
Probably try to get the board to amend my contract to issue me company stock or options in lieu of the cash bonus.

Also conduct a 5% pay cut and implement hiring freeze for non critical positions.
 

ivan2

Diamond Member
Mar 6, 2000
5,772
0
0
www.heatware.com
Originally posted by: amdhunter
Scenario:

You make $300k year, you are comfortable. Your job is not in danger for as long as you can work.

You have your yearly bonus of $500k coming up. You can either choose to take the bonus, or you can lay off an equivalent amount of workers, none of whom make more than $35k yearly.

The company can do well, with or without these workers.

What does the average ATOT'er do?

Me, I say screw them...show me the money.

what that said, I will rid of them regardless of economy situation.
 
Nov 7, 2000
16,403
3
81
gotta look out for yourself number 1. if the roles were reversed, they would take the money too. the smartest play though, would be to do whatever was best for the stock, thereby guaranteeing you future years of bonuses as well. meaning, i would give up a bonus one year for a better chance of getting them in multiple future years
 

TecHNooB

Diamond Member
Sep 10, 2005
7,458
1
76
Originally posted by: ivan2
Originally posted by: amdhunter
Scenario:

You make $300k year, you are comfortable. Your job is not in danger for as long as you can work.

You have your yearly bonus of $500k coming up. You can either choose to take the bonus, or you can lay off an equivalent amount of workers, none of whom make more than $35k yearly.

The company can do well, with or without these workers.

What does the average ATOT'er do?

Me, I say screw them...show me the money.

what that said, I will rid of them regardless of economy situation.

x2

And hand out bonuses to the people kicking ass.
 

darkxshade

Lifer
Mar 31, 2001
13,749
6
81
The after tax take on 500k bonus is what, around 250k? Not worth it at the cost of 15+ employees. As tempting it would be, I would probably sacrifice the bonus and keep the employees. I'd get PR to release this info to the media outlets though so I'll at least get some good press coverage about what a nice guy I am. :p
 

joesmoke

Diamond Member
Nov 2, 2007
5,420
2
0
investors returns are more important than your money, and obviously those workers werent needed. you now make 100k, no bonus, workers fired.
 

sao123

Lifer
May 27, 2002
12,656
207
106
Originally posted by: ivan2
Originally posted by: amdhunter
Scenario:

You make $300k year, you are comfortable. Your job is not in danger for as long as you can work.

You have your yearly bonus of $500k coming up. You can either choose to take the bonus, or you can lay off an equivalent amount of workers, none of whom make more than $35k yearly.

The company can do well, with or without these workers.

What does the average ATOT'er do?

Me, I say screw them...show me the money.

what that said, I will rid of them regardless of economy situation.



the exact reaso nthe economy is failing.
somewhere some CEO must realize that no workers getting paid = no customers spending money. the more people with paying jobs, the more customers will have money to spend on your products.
the CEO's of the downsizing /profit maximizing era seem to have forgotten this... hence why our economy suxorz.

 

ivan2

Diamond Member
Mar 6, 2000
5,772
0
0
www.heatware.com
Originally posted by: sao123
Originally posted by: ivan2
Originally posted by: amdhunter
Scenario:

You make $300k year, you are comfortable. Your job is not in danger for as long as you can work.

You have your yearly bonus of $500k coming up. You can either choose to take the bonus, or you can lay off an equivalent amount of workers, none of whom make more than $35k yearly.

The company can do well, with or without these workers.

What does the average ATOT'er do?

Me, I say screw them...show me the money.

what that said, I will rid of them regardless of economy situation.



the exact reaso nthe economy is failing.
somewhere some CEO must realize that no workers getting paid = no customers spending money. the more people with paying jobs, the more customers will have money to spend on your products.
the CEO's of the downsizing /profit maximizing era seem to have forgotten this... hence why our economy suxorz.

same can be blame to those with a big savings account.
 

JS80

Lifer
Oct 24, 2005
26,271
7
81
Originally posted by: amdhunter
Scenario:

You make $300k year, you are comfortable. Your job is not in danger for as long as you can work.

You have your yearly bonus of $500k coming up. You can either choose to take the bonus, or you can lay off an equivalent amount of workers, none of whom make more than $35k yearly.

The company can do well, with or without these workers.

What does the average ATOT'er do?

Me, I say screw them...show me the money.

So you're asking if you'd keep $500k in deadweight payroll? RIF regardless of economic situation.